Watkin Jones Share Discussion Threads

[its the oxman] 03/9/2021 22:59

Closed above 240p again. At last ready to push higher perhaps.

[goodpick] 03/9/2021 13:36

Coausentum - really valid point it’s a good question. The question is also to what degree WJ have been able to pass those costs on to institutional buyers.

I am still curious as to why the astute Monaco based OUTGOING chairman has spent £200k of his money into WJ. He is not likely to be a mug and knows something we don’t.

The share price seems to have hit a floor of 238p and is breaking above the 240p level. All other things being equal potential for this to £2.80

[clausentum] 02/9/2021 15:27

From the DT:
"Prices for construction materials jumped 4.5pc in July compared to the previous month and were up 20pc year-on-year, according to the business department. The construction materials price index is at the highest point since comparable records began in 1996."

How much will this hit WJG profit? Are greatly increased material costs acknowledged in the share price yet?

[clausentum] 31/8/2021 13:38

IMO once we break through the resistance level of 240 it should then form a support level as we head for 280, which we previously hit 18 months ago.

[swiss paul] 24/8/2021 16:04

Jeff - nothaving a go at you but thats what the planners say and they place resytrictions on what goes where. Invariably most planners dont live in the locality and are not impacted by the decisions. I recommned Nicolas Taleb - he of Black Swan event - its about having skin in the game:
hxxps://www.pdfread.net/ebook/skin-in-the-game-nassim-nicholas-taleb/.

Unfortunately a lot of our lords, masters and a voiciferous minority dont have any.

Keep safe and seems 240 was not resistance!

[jeffian] 19/8/2021 23:59

sp,
We don't need a car for getting round London, but we do need a car and, as we live in London, it has to be here! We're non-flyers but, as travellers, we either take the train or drive up to c.800m (ski-ing and continental travel). Unlike Bezos and Branson, we are not 'space tourists' either, so I don't have much problem with our 'carbon footprint'. You have an opinion, and I'm happy to listen to you, but imposing a set of ideas on others - as the authorities currently seem inclined to do - does not take account of individual circumstances. I raised the issue of electric cars/heat pumps because I think the powers-that-be are going in totally the wrong direction and at huge expense to the taxpayer. At the end of the day it's all grandstanding anyway as, if UK simply closed down and we moved back into caves, the global environmental impact would be.....zero.

[swiss paul] 19/8/2021 20:15

Jeff - London is so different and I dont see why you need a set of wheels for getting round that city.
Not many fat Londoners as lots walk / public transport.

I understand on the national travel - but having a car - well I think its down to convenience as your average car sits there 23 hrs a day depreciating and doing sweet FA!

Cord - yes I agree and car clubs etc should have their own space - get caught in it - we fing you a grand as some Arab will park his maserati in there - or base it on income :-)

Any way back to WJG - is that 240 a line of resistance?

[cordwainer] 19/8/2021 19:47

^ There should at least be parking provision for daily / hourly rental cars (e.g. 'Zip' cars), pool cars etc ?

[jeffian] 19/8/2021 19:01

#2349/2350,

I'm afraid it's all part of the social engineering experiment going on everywhere. In our West London borough, not only are all new developments built without parking space, but there is also a planning restriction on the owners of the new flats that they will not even be allowed a parking permit to park on the street! In other words, cars forbidden. The estate agent showing me a new flat for my daughter gave the same response as swiss paul, but it's just not so. Sure, I cycle/Uber mostly around London but there are times when only a car will do.

Of course, parking is just the tip of the iceberg. The Government dictated rush to electric cars and heat pumps regardless of practicality and other real-world solutions is indicative of the way things are going. Of course, in the light of 'Year 2000', Smart meters, the HMRC and NHS computerisation debacles etc, there's no question that they could be wrong......is there?

[cordwainer] 19/8/2021 17:36

Lloyds getting into BTR market .. potential new customer ?

[swiss paul] 16/8/2021 19:23

If your a city boy you dont need a motor

[fredfishcake] 16/8/2021 11:08

Slightly off-topic, but it drives me mad that anyone is allowed to build 216 apartments with only 31 parking spaces....grrrr

[cureboy] 16/8/2021 09:45

Massive £2m trade this morning at 240p. Buy or sell?

[shaker44] 13/8/2021 04:35

Good that WJG don't have all eggs in this basket.

[swiss paul] 12/8/2021 20:24

Off the Lemon Fool:
Empiric Student Property (ESP) H1(June) rev down 24%. Occupancy 65% (84%). Divs to resume in Q4 with 2.5p then 1.5p min PA with a view to increasing this as occupancy levels normalise. "Almost all universities are now planning a blended approach to learning, with a mix of face to face teaching and online lectures. In other words, they expect students to attend in person for AY 21/22." [SP=100 Cap=603m]

Thanks Mr C

[farmergeorge] 11/8/2021 16:25

Thanks Goodpick.

[goodpick] 04/8/2021 17:14

Really says something that the outgoing Chairman Grenville Turner has just bought stock to add to his already substantial holding.
He will have full visibility of the current year and future strategy.
Quite telling.

He is possibly expecting more than a modest increase - possibly over a relatively short period of time.

[its the oxman] 02/8/2021 12:10

Looking for a break of 240p now.

[cureboy] 28/7/2021 12:57

Some hefty trades today in amongst the algos. Mostly buying.

[disc0dave45] 26/7/2021 12:09

Agree, but he does have to purchase shares (at least 200% of his salary during his tenure - as chair would be circa £120k pa), but that said it's still a positive sign.

[cureboy] 26/7/2021 07:41

Significant purchase, nice vote of confidence.